401(k) · DOL Form 5500 · 2022

US Conec Ltd. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
141
Participants Small participant base
80th
Percentile by assets National rank
$172,978
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: US Conec Investment Plan · Sponsored by US Conec Ltd. · North Carolina · Manufacturing

$24M in assets, 141 participants

US Conec Ltd.'s US Conec Investment Plan reported $24M in total assets and 141 participants in its 2022 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,811 in Manufacturing (20,602 peers)

Coverage in North Carolina

US Conec Investment Plan covers 141 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $24M.

#14,811
in Manufacturing (20,602 peers)
-9.6%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

US Conec Investment Plan's outsized position by total assets

US Conec Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$24,389,953 Top 20% higher than 80% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

US Conec Investment Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. US Conec Investment Plan sits mid-pack in the medium band (141 participants).

Published 5500 schedule card

Filing strip 561775843 · US Conec Ltd. PY 2022 · 401(k)

US Conec Investment Plan · $24M · 141 · 80th

  • PART $24M
  • PART 141
  • PART 80th
  • PART 401(k)
  • PART near Trace Systems Inc. 401(k) Plan
  • PART ind #14811

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

US Conec Investment Plan in the asset neighbourhood

US Conec Investment Plan$24MTrace Systems Inc. 401(k) PlanTrace Systems Inc. 401(k) Pl…$24MThe Libman Company Profit Sharing Plan and TrustThe Libman Company Profit Sh…$24MOnetouchpoint Retirement Savings PlanOnetouchpoint Retirement Sav…$24MHeritage 401(k) Plan$24M
End-of-year total assets ($M) among US Conec Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$24M
Net Income-$3M
Employer EIN561775843
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (US Conec Ltd.)

Sponsor-wide plan assets over time

All US Conec Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 41.113707763192494% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $24.4M $34.4M ▲ +41.1%
Year Plans Participants Total Assets
2022 1 141 $24M
2023 1 335 $28M
2024 1 307 $34M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

US Conec Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants US Conec Investment Plan, Total assets ($B): 0.024389953 · Participants: 141US Conec Investment PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
US Conec Investment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

US Conec Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Trace Systems Inc. 401(k) Plan in VA ($24M); by covered participants it is Bel Red Energy Solutions 401(k) Plan in WA (141 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (141 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did US Conec Investment Plan assets move in 2022?
US Conec Investment Plan pulled back noticeably - down 9.6% during 2022, from $27M to $24M. Reported net income was -$3M.
How have US Conec Ltd. plan assets changed over time?
Across 3 plan years on file (2022-2024), US Conec Ltd.'s sponsor-wide assets grew 41.1%, from $24M to $34M.
Where does US Conec Investment Plan rank by assets among Form 5500 filers?
US Conec Investment Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to US Conec Investment Plan?
Among 401(k) plans in other states, the closest by assets is Trace Systems Inc. 401(k) Plan in VA ($24M, 289 participants).
Which 401(k) plans cover a similar participant headcount to US Conec Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Bel Red Energy Solutions 401(k) Plan in WA (141 participants, N/A in assets).